Industry

OpenAI Startup Fund Raises $15 Million in New Funding as It Continues to Expand Its Investment in AI Ventures

The OpenAI Startup Fund has quietly concluded a $15 million funding round.


US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank

US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank...

France's Air Traffic Controllers' Strike Sparks Over 300 Flight Cancellations Amid Travel Chaos

Airline passengers experienced a day of travel chaos as numerous flights were canceled due to concerns about potential worker walkouts in France...


Latest News

Toyota Teams Up With China's Tencent to Attract Younger Drivers in the Era of AI
Toyota has partnered with Tencent to attract younger drivers in China.
US Solar Firms Urge Biden Admin to Apply Tariffs on Southeast Asian Imports
A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market.
Elon Musk's Tesla Expects to Incur Expenditures of Over $350 Million as Result of Mass Layoffs
Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.
Hugo Boss Is Finally Leaving Russia After the German Fashion House Agrees to Sell Russian Business to Stockmann
German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia.
Amazon Top Aggregator Thrasio Loses CEO, 5 Other Senior Execs Following Bankruptcy Filing
Thrasio, a major aggregator of Amazon third-party sellers, is undergoing drastic leadership changes.
China Space Tourism: Tiangong Space Station Could Soon Host Tourists!
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months
Stellantis plans to lay off an unspecified number of employees at its American plants in the coming months.
AI Rise to Boost Natural Gas Demand in Coming Years, New Report Shows
A surge in power use from AI-powered data centers is projected to substantially increase natural gas demand in the coming years, according to a new report.
TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban
TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban.
FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors
The FTC has voted in favor of a nationwide ban against noncompete agreements.
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